Dinarland Highlights – 7.29.21
…the Iraqi dinar and the Kuwaiti dinar street rates…should be on parity with each other for stability in the area and they all share joint oil fields.
Still waiting for the banking side to tell me when they expect the RV to fit in…
[So next week for us most likely?]
If I had to make a guess…yes…but they could pull this thing at any moment and throw us all off.
[Anything new on IQD rates?]
Still hearing $3.90 to $4.00 for the dinar street rate …still hearing $8.00 contract rate…screens are showing rates in the teens…but they are bouncing all over the place.
So where are we: There is major silence…When things are silent that is a very good sign. I am told they want this to be released by the end of the month.
The CBI quiet before the perfect storm. IMO the CBI has good reason why they’re quiet right now because they’re talking with the United States Treasury in Washington D.C…the CBI is quiet for at least 6 or 7 days now because the perfect storm is developing and the eye of this perfect storm is in Washington D.C… UPDATE: Today the CBI came back out and started talking again…holy cow they’re parrots on steroids. What they talked about was the education [to the citizens]…
“Did Iraq join the WTO? And how would that effect the revelation?”
No they did not join the WTO…They’re not full fledged members of the WTO. They don’t have to be.
“Al-Kazemi’s advisor: Were it not for the monetary policy stance of the Central Bank, the situation would have been very dangerous“
This one blows my mind…They keep coming out with articles explaining to people why they made the adjustments to the exchange rate. Why? You’ve already said it once. You said it twice. As a courtesy said it a third time. Why are you saying it 20 times? What is really going on that you have to keep talking about why it is you devalued the Iraqi dinar. We get it but we also realize what is going on in your economy…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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